What is the main business of Balagan?

The main business activity of Balagan focuses on retail sale of footwear and leather goods in specialised stores.

When was the company founded?

The company was registered in the Polish National Court Register (KRS) on April 16, 2019.

Where is the headquarters located?

The headquarters is located at: ul. Stępińska 22, 00-739 Warszawa.

Who is on the management board?

The management board consists of: Agata Małgorzata Matlak Lutyk (Member of the Management Board) and Hanna Maja Ferenc Hilsden (Member of the Management Board).

What is the share capital?

The share capital of the company is PLN 5,000 (approx. $1,351).

What period do the latest financial data cover?

The latest available financial statement covers the period from January 1, 2024 to December 31, 2024.

What was the revenue?

In 2024, the company generated total revenue of $6,214,061, representing an increase of 41.5% compared to 2023.

Is the company profitable?

Yes, in 2024 the company was profitable, achieving a net profit of $118,448, meaning the company increased its profit by 1.5%.

What is the main operating cost?

The largest operating cost category falls under other operating costs. This category amounted to $3,054,448 in 2024, representing 52% of all operating expenses.

Balagansp. z o.o.

Retail sale of footwear and leather goods in specialised stores

KRS: NIP: REGON:

Overview

Status

Active

Registry date

2019-04-16

Share capital

5 000,00 PLN

Registered address

ul. Stępińska 22/30, 00-739 Warszawa, Poland

Website

balaganstudio.com

Electronic delivery address

AE:PL-47346-38285-TCDDR-23

Financials

The financial statement for 2025 has not yet been filed with the Financial Document Repository (past deadline).

Revenue history (in k)

Data and insights are generated automatically based on financial statements and may contain errors. This analysis is for informational purposes only and does not constitute an official assessment of the company's credibility or business advice.

Statistics

How the company ranks by revenue within its industry, region and across Poland in 2024.

Results vs industry

Revenue

This companyUSD 6.21mMedianUSD 178.11kAverageUSD 10.39m

Net profit

This companyUSD 118.45kMedianUSD 1.07kAverageUSD 388.34k

Operating costs

This companyUSD 5.89mMedianUSD 191.25kAverageUSD 9.81m

Assets

This companyUSD 1.10mMedianUSD 179.57kAverageUSD 10.36m

Industry

Bank accounts

Registered as a VAT taxpayer on 2019-09-13. Active

mBank
19 1140 1010 0000 4225 3700 1001
mBank
29 1140 2004 0000 3002 7916 4289
mBank
30 1140 2004 0000 3812 0951 2510

Debt

No entries in the National Debtors Register (KRZ). No proceedings in KRZ

Public aid

15 public aid cases recorded, with a total value of $143,781.

Grant date	Purpose	Gross amount	Granting body
May 21, 2026	De minimis aid (in accordance with Commission Regulation 2023/2831)	$34,195	CENTRUM ROZWOJU PRZEMYSŁÓW KREATYWNYCH
Feb 20, 2026	De minimis aid (in accordance with Commission Regulation 2023/2831)	$25,392	Prezes Banku Gospodarstwa Krajowego
May 15, 2025	De minimis aid (in accordance with Commission Regulation 2023/2831)	$18,584	Prezes Banku Gospodarstwa Krajowego

European Funds

Start	Project	EU co-financing	Programme
2021-04-01	Promocja marki BALAGAN na rynkach Zatoki Perskiej.	$33,125	Program Operacyjny Inteligentny Rozwój

Tenders

No recorded participation in tenders.

Regulatory authorisations

Authority	Type	Status
BDO	BDO register entry	Active

Authorized Representatives

Agata Matlak Lutyk — Management Board Member

Hanna Ferenc Hilsden — Management Board Member

Manner of representation

Each member of the management board is authorized to make declarations on behalf of the company independently.

Ownership

Owner	Shares	Share value	Stake
Hanna Maja Ferenc Hilsden (36)	50	$675.31	50%
Agata Małgorzata Matlak Lutyk (36)	50	$675.31	50%

Beneficial owners

Person	Rights
Hanna Maja Ferenc Hilsden (36)	Shareholder of a limited liability company, 2500.0 PLN
Agata Małgorzata Matlak-Lutyk (36)	Shareholder of a limited liability company, 2500.0 PLN

Competitors

Name	Revenue	Website
WittchenS.A.	$111,141,819.09	wittchen.com
ArtimodS.A.	$68,488,725.60	artimod.pl
NIKE Retail B.V.Branch (foreign co.)	$65,012,567.66	nike.com
Loft37sp. z o.o.	$4,384,041.78	loft37.eu
Minimal Stepsp. z o.o.	$1,871,592.06	minimalstep.pl
Butyxl.Plsp. z o.o.	—	butyxl.pl
Karenlike Vintage Bagssp. z o.o.	—	karenlike.com
Cholewiński Galanteria Skórzanasp. z o.o.	—	cholewinski.com
Cholewiński Exclusive Nordsp. z o.o.	—	cholewinski.com
Cholewińskisp. z o.o.	—	cholewinski.com

Change history

Date	Event
2024-12-23	Address change (Ul. Kielecka 1/1, 02-504, Warszawa → Ul. Stępińska 22/30, 00-739, Warszawa)
2021-03-08	Address change (Ul. Kielecka 42/13, 02-530, Warszawa → Ul. Kielecka 1/1, 02-504, Warszawa)
2019-04-16	Entered in the register

FAQ

Last updated: 2026-07-11